Net Interest Coverage Ratio. The Borrower must ensure that the Net Interest Coverage Ratio is always greater than 2.50 to 1.
Net Interest Coverage Ratio the Interest Coverage Ratio is greater than 2.50 to 1.
Net Interest Coverage Ratio. The Borrower shall not permit the Net Interest Coverage Ratio as of the last day of any Fiscal Quarter, beginning with the Fiscal Quarter ending on June 30, 2021, to be less than 3.25 to 1.00.
Net Interest Coverage Ratio. The Borrower will not permit the Net Interest Coverage Ratio for any Test Period ending after March 31, 2001 to be less than 3.00:1.00.
Net Interest Coverage Ratio the Interest Coverage Ratio is [—].
Net Interest Coverage Ratio. 54 8.10 Net Leverage Ratio.............................................. 55 8.11
Net Interest Coverage Ratio. The Borrower will not permit the Net Interest Coverage Ratio for any Test Period ending on a date set forth below to be less than the ratio set forth opposite such date: Date Ratio ----- -------- November 30, 1997 1.75:1 February 28, 1998 1.75:1 May 31, 1998 1.75:1 August 31, 1998 1.75:1 November 30, 1998 1.8:1 February 28, 1999 1.9:1 May 31, 1999 2.0:1 August 31, 1999 2.0:1 November 30, 1999 2.1:1 February 29, 2000 2.2:1 May 31, 2000 2.3:1 August 31, 2000 2.3:1 November 30, 2000 2.4:1 February 28, 2001 2.4:1 The Last Day of Each Fiscal Quarter Thereafter 2.5:1
Net Interest Coverage Ratio. Maintain at all times a ratio of EBITDA to Lenders' Interest of not less than 1:
1. For the purposes hereof, the term "Lenders' Interest" shall mean interest in excess of $10,000 per quarter paid on the Revolving Advances.
Net Interest Coverage Ratio. The Borrower shall not permit the Net Interest Coverage Ratio for any Test Period ending on a date set forth below to be less than the ratio set forth opposite such date: Date Ratio ---- ----- December 31, 2000 2.16:1 March 31, 2001 2.16:1 The Last Day of Each Fiscal Quarter Thereafter 2.25:1
Net Interest Coverage Ratio. Company shall not permit the Net Interest Coverage Ratio as of the last day of any Fiscal Quarter, beginning with the Fiscal Quarter ending March 29, 2003, to be less than the correlative ratio indicated: ------------------------------------------------------ FISCAL NET INTEREST COVERAGE QUARTER ENDING RATIO ------------------------------------------------------ March 29, 2003 2.35:1.00 ------------------------------------------------------ June 28, 2003 2.45:1.00 ------------------------------------------------------ September 27, 2003 2.85:1.00 ------------------------------------------------------ January 3, 2004 3.10:1.00 ------------------------------------------------------ April 3, 2004 3.40:1.00 ------------------------------------------------------ July 3, 2004 3.65:1.00 ------------------------------------------------------ October 2, 2004 4.00:1.00 ------------------------------------------------------ January 1, 2005 and thereafter 6.00:1.00 ------------------------------------------------------
